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New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
XPRIZE Awards Largest Climate Incentive in History XPRIZE has announced the winners of its $100 million Carbon Removal competition, a four-year global challenge backed by Elon Musk and the Musk...
Global business leaders are no longer sitting on the sidelines of the clean energy transition. A powerful consensus—97% of executives across 15 global markets—now urges governments to fast-track the phase-out...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
IBM and the European Space Agency (ESA) have open-sourced TerraMind, the most advanced generative AI foundation model for Earth observation, now available on Hugging Face. Trained on TerraMesh—the largest geospatial...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
Franklin Templeton has expanded its suite of sustainable investment products with the launch of two new Article 8 UCITS ETFs: the Franklin S&P 500 Screened UCITS ETF and the Franklin...
The U.S. federal government has ordered an immediate halt to construction on Equinor’s $5 billion Empire Wind project, the largest offshore wind farm planned to serve New York City, signaling...
IFC Announces Generational Review of Sustainability Framework The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has officially launched a multi-year overhaul of its Sustainability...
Robeco has launched the Biodiversity Traffic Light, a new investor tool designed to help capital allocators identify which companies are leading—or lagging—in biodiversity and nature-related performance. “Robeco’s Biodiversity Traffic Light...
Microsoft is backing a major U.S. nature-based carbon removal initiative, agreeing to purchase 1.4 million tonnes of carbon removal credits from Living Carbon, a public benefit company specializing in transforming...
The Greenhouse Gas (GHG) Protocol has expanded its Independent Standards Board (ISB) by welcoming five major sustainability standard-setters as non-voting observers—CDP, EFRAG, GRI, ISSB, and SBTi. These entities influence or...
Microsoft has hit a major environmental milestone—achieving a 90.9% reuse and recycling rate for its servers and components in 2024, a full year ahead of its zero-waste target for 2025....
The UK government has launched a consultation on a set of six “integrity principles” for carbon and nature credit markets, aiming to build trust, enhance transparency, and accelerate private sector...
Schroders, the global active asset manager, has partnered with Cornell University’s Global Labor Institute (GLI) to publish a new stewardship framework designed to help investors and companies navigate growing climate...
Apple has achieved a 60% reduction in global greenhouse gas emissions compared to its 2015 baseline, the company revealed in its 2024 Environmental Progress Report. This progress marks a major...
DBS Bank (Hong Kong) Limited and Henderson Land Development Company Limited have finalized a landmark HKD 5 billion bilateral financing package, marking a strong alignment of capital with purpose. The...
Occidental (Oxy) has acquired Holocene, a Tennessee-based direct air capture (DAC) startup, in a strategic move to consolidate and scale its carbon removal operations. The financial terms were not disclosed,...
The European Commission has adopted a 2025–2030 work plan under the Ecodesign for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation, setting the stage for sweeping sustainability rules across key...
The European Commission has rolled out a set of revisions to simplify implementation of its EU Deforestation Regulation (EUDR), aiming to ease compliance burdens while maintaining its environmental objectives. The...
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